Wednesday, December 15, 2021

12/15/21, ctmx, moving average swing

Overall market conditions, very bad. FOMO today. 

Possible positive divergence on the daily. 

Did not wait to buy until confirming a likely close above the 50ma on the daily. It's dubious. This thing could totally close below the 50ma. 

It does look like there was a rejection though a few days ago, a rejection of the 50ma on the daily. 

***

Oh shit, it's moving up above the 50ma on the daily, that's nice!

Doesn't look like there's a catalyst...

no news on Webull since 11/16

It did get an upgrade though a month ago: 

BTIG Initiates Coverage On CytomX Therapeutics with Buy Rating, Announces Price Target of $16

Benzinga - Nov 15, 2021, 6:21AM

so that's a big upside...over 100% upside...

however, look at the analysis section 









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